AMN Healthcare Services Inc (AMN)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -146,979 | 53,043 | 99,228 | 143,897 | 210,679 | 279,987 | 319,258 | 382,152 | 444,050 | 478,470 | 460,048 | 403,018 | 327,388 | 220,479 | 172,523 | 128,078 | 70,665 | 88,839 | 86,287 | 92,831 |
| Total assets | US$ in thousands | 2,415,730 | 2,667,820 | 2,771,330 | 2,873,600 | 2,924,390 | 2,654,770 | 2,644,140 | 2,881,060 | 2,888,350 | 3,018,260 | 3,008,780 | 3,248,670 | 3,131,910 | 2,709,000 | 2,632,440 | 2,643,120 | 2,353,510 | 2,344,860 | 2,371,060 | 2,460,130 |
| ROA | -6.08% | 1.99% | 3.58% | 5.01% | 7.20% | 10.55% | 12.07% | 13.26% | 15.37% | 15.85% | 15.29% | 12.41% | 10.45% | 8.14% | 6.55% | 4.85% | 3.00% | 3.79% | 3.64% | 3.77% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $-146,979K ÷ $2,415,730K
= -6.08%
Based on the data provided, AMN Healthcare Services Inc has experienced fluctuations in its return on assets (ROA) over the period from March 31, 2020, to December 31, 2024. The ROA started at 3.77% in March 2020, decreased to 3.00% by December 2020, and then showed an increasing trend, reaching a peak of 15.85% in September 2022.
The period between September 2022 and March 2024 saw a decrease in ROA, with the percentage dropping to 1.99% by September 2024. Notably, there was a significant decline, with the ROA turning negative at -6.08% by December 2024.
This fluctuation in ROA indicates varying levels of efficiency in generating profits from the assets utilized by AMN Healthcare Services Inc over the period under consideration. A declining ROA may suggest possible inefficiencies or challenges in asset management, while an increasing ROA signifies improved profitability relative to the assets employed.
It is important for investors and stakeholders to closely monitor these ROA trends to assess the company's overall performance in utilizing its assets effectively to generate returns for shareholders.
Peer comparison
Dec 31, 2024